Euro Hits High Against The US Dollar, UK Pound And 10 Year Sov Yield Rise as BofE and ECB Mention Stimulus Withdrawal

Jon Economy

The euro hit a 1-year high on Wednesday and German 10-year Bund yields continued to rise after doubling the previous day, as bets grew that Draghi and the European Central Bank is readying to scale back its 2-trillion-euro stimulus program.
And then the Bank of England’s Carney announced that they have to remove stimulus as well.

This post was published at Wall Street Examiner on June 28, 2017.